Japan inched closer to allowing venture capital firms and other investment funds to hold digital assets directly, after Prime Minister Fumio Kishida’s administration agreed to submit a revised bill to implement the change. The bill states that “measures will be taken to add cryptoassets to the list of assets that can be acquired and held by investment limited partnerships,” referring …
Venture capital firm Andreesen Horowitz has introduced a tool to measure technical advances in the crypto industry. In its 2023 State of Crypto Report, the venture funding firm noted that the tool tracks developer activity, verified smart contracts deployment, academic publications, and developer library downloads, among 14 metrics. A16Z’s crypto report and the index tool comes on the back of …
A day ago, Twitter founder Jack Dorsey, who is no longer CEO at the website, launched a surprise attack on the concept that many have dubbed Web 3. The latest in that is that Dorsey has been blocked by Marc Andreessen, an influential venture capitalist and part of Silicon Valley elites, on the website that Dorsey founded. I can’t find …
Web3, the buzzword of the year, is, as some experts have described it, all about the decentralisation of the Internet. A quick diversion may be required here: AI isn’t Web3, although some people see it as a layer on top of Web3 technologies that helps people interact better with other people, and with machines. But to return to Web3, thus …